For the purpose of extending rural banking and agro finance, the NABARD :
As the apex development financial institution for agriculture and rural development in India, NABARD (National Bank for Agriculture and Rural Development) does not lend…
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For the purpose of extending rural banking and agro finance, the NABARD :
Answer and explanation
Correct answer B
As the apex development financial institution for agriculture and rural development in India, NABARD (National Bank for Agriculture and Rural Development) does not lend directly to individual rural borrowers; instead, it refinances commercial banks, Regional Rural Banks (RRBs), and state cooperative banks that extend rural and agricultural credit.
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Tamil Nadu SET (TNSET)
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